US Coins Red Book Vs US Coins Blue Book

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Author	Replies: 7 / Views: 8,173
Craftworker Valued Member United States 87 Posts	Posted 04/27/2019 06:22 am Can someone please tell me the difference between the United States coins Red Book and the Blue Book. For years I have been buying the Red Book. Does the Blue book have better information? Report this Post to the Staff

aristarchus123 Pillar of the Community United States 1695 Posts	Posted 04/27/2019 07:20 am The Blue Book is supposed to give a selling price that dealers might pay for coins; the Red Book is supposed to give fair market value for coins. Dealers can't pay fair market value, as they have to make a profit to keep stores open. So values listed will be lower in the Blue Book. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 04/27/2019 09:34 am Mostly people think the Red Book is the highest price a coin should sell for. However, that always depends on where it is being sold. The Blue Book is always thought to be the lowest prices any coin is really worth. I wonder what answer you would get if you sent in such a question to Whitman Publishing co? Report this Post to the Staff
Craftworker Valued Member United States 87 Posts	Posted 04/27/2019 10:46 am Thanks for the info just carl and aristarchus123 it is much appreciated. Report this Post to the Staff
peter1234 Pillar of the Community United Kingdom 1351 Posts	Posted 04/27/2019 12:23 pm Why not just produce a purple book and emphasize it is just a guide. A coins appearance,strike quality etc affects its value. Report this Post to the Staff
T-BOP Rest in Peace United States 18456 Posts	Posted 04/27/2019 1:39 pm I don't even know why they still make a Blue Book . Has anyone sold a coin recently to a dealer and gotten a blue book price for it ? Probably not . Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 04/29/2019 9:52 pm In theory, the RedBook is retail values, the bluebook are wholesale, and the values listed in either one have no relationship to the real world. Report this Post to the Staff
joecoin Pillar of the Community United States 789 Posts	Posted 04/30/2019 2:29 pm On page 6 of the current paperback edition of the Blue Book is the following: "THIS BOOK LISTS PRICES MANY COIN DEALERS WILL PAY". And: "These are averages of prices assembled from many widely separated sources." Report this Post to the Staff
	Replies: 7 / Views: 8,173

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